-The Business Standard The Planning Commission needs to be replaced by institutions prescribed under the Constitution for the functions it usurped The Planning Commission was a powerful centre of extra-constitutional authority, but not because the Constitution overlooked the need for the roles that it played. The prescription of fiscal flows from Centre to states was assigned under Article 280 to Finance Commissions, set up every five years with what by convention...
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Undervalued riches of top 1% point to greater global inequality -Jeanna Smialek
-Live Mint Research shows the wealth of the super-affluent-hidden by tax shelters and non-response to questionnaires-is undercounted Washington: The 1% is literally rich beyond measure, depriving nations of billions in tax revenue and obscuring shifts in global inequality. Research conducted separately by European Central Bank (ECB) economist Philip Vermeulen and the London School of Economics' Gabriel Zucman shows the wealth of the super-affluent-hidden by tax shelters and non-response to questionnaires-is under-counted. Correcting...
More »Will these sustainable development goals do the job? -Carla Kweifio-Okai
-The Guardian A UN working group has devised a final draft of targets to succeed the millennium development goals. What do you think of the 17 proposals? The UN working group responsible for crafting the sustainable development goals (SDGs) has handed down its final proposal, adding a goal to address domestic and global inequality. The recommendations include 17 goals and 169 targets to be achieved by 2030. The list includes a reworking of...
More »Addressing vulnerabilities -AK Shiva Kumar
-The Indian Express This year's edition of the Human Development Report contains a set of practical recommendations The 2014 Human Development Report (HDR) draws attention to the urgent need to address human vulnerabilities and build resilience as conditions for accelerating and sustaining progress. Human insecurity stems from not only low and uncertain incomes, but from many other sources, including inadequate access to health, food and shelter, unsafe environments, and inadequate protection of...
More »UNDP Report: India’s rural employment, education schemes move in right direction -Abantika Ghosh
-The Indian Express Human Development Report: Spending 4% of GDP can ensure social security net. India may have little to feel proud about in the findings of UNDP's Human Development Report for 2014, but the good news is that with ongoing rural employment and school education programmes and some serious discussions on universal healthcare over the last couple of years, it is moving in the right direction. The report gives a six-point...
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